LIC ends year with $30.6m profit
Herd improvement company LIC has ended the 2024-25 financial year in a strong position - debt-free and almost quadrupling its net profit.
MilktechNZ takes over ownership of MilkHub and will be providing support for the installation and service of Manual and Auto-Drafter, in-line milk sensors, in-bail identification and Herd-Man software and app.
Milk vat manufacturer DTS is selling its dairy automation business to MilktechNZ.
Effective from this week, MilktechNZ takes over ownership of MilkHub and will be providing support for the installation and service of Manual and Auto-Drafter, in-line milk sensors, in-bail identification and Herd-Man software and app.
Hamilton-based MilktechNZ is known for its CR-1 electronic cup removers, and for creating simple, clever dairy technology for today's farmers worldwide.
DTS chief executive Gavin Thwaites say he has full confidence in the capabilities of MilktechNZ.
"With over 80 years of combined expertise in dairy technology and automation, their leadership team is exceptionally equipped to support and further evolve the dairy automation business ensuring it meets the demands of customers," says Thwaites.
MilktechNZ chief executive and foundr Gustavo Garza says his company is excited abut the acquisition of MilkHub into the MilktechNZ portfolio.
Budou are being picked now in Bridge Pā, the most intense and exciting time of the year for the Greencollar team – and the harvest of the finest eating grapes is weeks earlier than expected.
The Real Estate Institute of New Zealand (REINZ) has released its latest rural property report, providing a detailed view of New Zealand’s rural real estate market for the 12 months ending December 2025.
Rural retailer Farmlands has released it's latest round of half-year results, labeling it as evidence that its five-year strategy is delivering on financial performance and better value for members.
OPINION: "We are back to where we were a year ago," according to a leading banking analyst in the UK, referring to US president Donald Trump's latest imposition of a global 10% tariff on all exports into the US.
DairyNZ says the Government’s proposed Resource Management Act reform needs further work to ensure it delivers on its intent.
Overseas Trade Minister Todd McClay says he's working constructively with the Labour Party in the hope they will endorse the free trade agreement (FTA) with India when the agreement comes before Parliament for ratification.